Andhra Pradesh is the only state (excluding 11 states having Special Status) with deficit budget in the past four years. Still, TDP Government decides to present Budget to the tune of around Rs 2 lakh crore. What does that indicate?
AP Budget for the financial year 2014-15 is about Rs 1.11 crore. There is a sharp increase in the Budget every year since then. CM Chandrababu Naidu seems to be including several programmes in the final budget before General Elections for luring the voters. The aim is to complete 22 new projects apart from 28 ongoing projects by February 2019. Tenders might be called by March end for new works costing Rs 20,000 crore.
How will TDP Government mobilize the funds required for budget allocations is a mystery for now. Centre isn't willing to offer even the funds it promised through Special Package. TDP is ready to end alliance with BJP anytime soon. In such a situation, How can AP Govt present such a huge budget?
AP Budget for the financial year 2014-15 is about Rs 1.11 crore. There is a sharp increase in the Budget every year since then. CM Chandrababu Naidu seems to be including several programmes in the final budget before General Elections for luring the voters. The aim is to complete 22 new projects apart from 28 ongoing projects by February 2019. Tenders might be called by March end for new works costing Rs 20,000 crore.
How will TDP Government mobilize the funds required for budget allocations is a mystery for now. Centre isn't willing to offer even the funds it promised through Special Package. TDP is ready to end alliance with BJP anytime soon. In such a situation, How can AP Govt present such a huge budget?